Tuesday, April 16, 2024
154,225FansLike
654,155FollowersFollow
0SubscribersSubscribe

CATEGORY

National Company Law Tribunal

NCLT accepts Go First Airlines plea seeking insolvency proceedings, orders no sacking of employees

The National Company Law Tribunal (NCLT) on Wednesday admitted the application filed by Go First Airlines seeking initiation of voluntary insolvency proceedings, while directing the company's suspend...

NCLT Mumbai permits Jalan-Kalrock Consortium to take over Jet Airways

National Company Law Tribunal, Mumbai permits the consortium of Murari Lal Jalan and Florian Fritsch to take over the Jet Airways India

Adjudicating authority does not have powers to terminate resolution plan: NCLT

The National Company Law Tribunal (NCLT) Hyderabad bench has ruled that under Section 31(1) of the Insolvency and Bankruptcy Code (IBC), 2016, the Adjudicating Authority does not have powers to termi...

NCLT interim order directs Emaar Hills Township to compensate losses of Telangana govt, TSIIC

The National Company Law Tribunal (NCLT) Hyderabad bench has ordered Emaar Hills Township Private Limited (EHTPL) to compensate the financial losses incurred by both the Government of Telangana and t...

Bank of India moves NCLT to initiate insolvency proceedings against Future Retail

The National Company Law Tribunal (NCLT) Mumbai has been approached by Bank of India in the case regarding Future Retail Limited as they want to initiate the Corporate Insolvency Resolution Proc...

Delhi Gymkhana: NCLT allows Centre to take over club management, appoints 15-member committee

The Central government in its petition further said that pursuant to several complaints received by it, the affairs of M/s Delhi Gymkhana Club Ltd were inspected by it under Section 206(5) of the Companies Act.

Supertech: National Company Law Tribunal initiates insolvency proceedings

The National Company Law Tribunal has initiated insolvency proceedings against Supertech Limited for defaulting on payment of loan amount of Rs 431.92 crore to its creditor Union Bank of India. Th...

National Company Law Tribunal has issued notice in view of the lockdown by Government

National Company Law Tribunal (NCLT) has decided to close all its benches from March 23rd, till March 31st for judicial work in view of the lockdown announced by several state governments and Central ...

News Update